of Cornell University
San L. Reynolds
president for finance named
San L. Reynolds, one of Cornell University's top financial officers,
has been named U.Va.'s vice president for finance. Reynolds joins
the University at the end of May, following an eight-month search
to fill the newly created position.
will manage U.Va.'s primary financial operations --including human
resources; financial administration, such as general accounting
and sponsored-programs administration; business operations; business
analysis; and risk management. She also will take part in financial
compliance efforts, the setting of financial and administrative
policies, and institutional planning efforts.
will report to Leonard W. Sandridge, executive
vice president and chief operating officer, and serve on President
John T. Casteen III's cabinet with other vice presidents and senior
San's position is a key part of the restructuring plan that
the president and Board of Visitors began more than a year ago,"
Sandridge said. "She will take over several financial and
business duties that previously rested directly with me."
appointment will allow Sandridge to devote more time to his chief
operating officer role, including overseeing the Medical Center
and strengthening the University's administrative, financial
and support infrastructure.
16-year background in higher education financial administration
includes a decade at Cornell in Ithaca, N.Y. and six years at
the State University of New York at Albany, where she rose to
assistant vice president for financial management. She began at
Cornell as university controller, was promoted to associate vice
president and university controller in May 1996, and two years
later was named vice president for financial affairs and university
certified public accountant, Reynolds currently serves on the
National Association of College and University Business Officers
President's Ad Hoc Committee on the Cost of Education. She
also chairs that organization's Accounting Principles Council
and its Subcommittee on Managerial Analysis and Decision Support.
She has master's degrees in economics from the University
of Michigan and in accounting from the business school at SUNY-Albany.
She received her undergraduate degree in economics from the University
of Singapore and a music diploma from the Royal Conservatory in
San is highly successful and respected," Sandridge said.
"She is recognized for her strong technical skills and as
a leader in her field at the national level. She has the professional
expertise and personal characteristics to be very successful and
effective at U.Va."
Cornell, Reynolds directed the merger of financial operations
for two distinct parts of the university --its four state and
six private colleges. Instead of mandating change from the top,
she is credited with facilitating discussions between the two
financial staffs and encouraging them to find solutions together
that worked for both. "Putting people side-by-side helped
them see differences that didn't need to be there," she said.
instituted a program called TOP --"Transforming our Organization
and our People" -- that helped manage the merger and create
a greater customer-service ethic in the relationship between the
financial office and outlying departments. She also implemented
new human resources and payroll systems and a related reclassification
fits well with our organization," Casteen said, "and
brings one more element to the new structures necessary for us
to operate in the current environment that began with the recession
of the early 1990s and reached the public-policy level as the
General Assembly and Governors Allen and Gilmore supported decentralization.'
Working with Leonard, she can help make the most of the circumstances
that now exist, thus benefiting faculty and students as well as
the state of Virginia."
said she was impressed with the reputation and stability of the
University's leadership, including Sandridge and Casteen,
and with the University's stature among public universities.
She admitted that it won't be easy to leave New York, her
home for the past 25 years. "It's always tough to leave
friends behind," she said. "But it won't be tough
to leave the snow."
are, her husband, Bruce L. Reynolds, will miss the snow even less.
An economics professor who specializes in the economies of East
and Southeast Asia, in particular China, he regularly makes a
115-mile commute from Ithaca to his office at Union College in
Schenectady, NY He will join the U.Va. faculty in August, with
joint appointments in the new International Residential College
and the McIntire School of Commerce. He holds an undergraduate
degree from Yale University and a Ph.D. in economics from the
University of Michigan.
Reynolds have two children, Katherine, a graduate of Harvard University,
and Christopher, a graduate of Yale.